Planning and mobilization of financial resources for education in the Middle East
Haddad, Wadi D. | Demsky, Terri
A prominent concern of most governments today is how to provide quality education to increasing numbers of people, when financial resources are shrinking. In the Middle East, present educational needs have not been satisfied, and these needs will increase as the population grows at three percent per annum. Present levels of spending on education are already straining government budgets, and government revenues in these countries have reached a plateau due to the drop in the price of oil. Given that prospects for additional budgetary resources for education are dim, governments in the region have been exploring alternative means of meeting their educational objectives. This paper examines three possible courses of action: (a) improving the means of allocation, control and monitoring of financial resources for all education, thereby making it more efficient; (b) reducing unit costs by improving the efficiency of the education system; and lastly, (c) finding extra-budgetary resources, known as resource mobilization.
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